There is a misconception that timeshare is property investment.

There is a good reason for this. Over the past five years, fractional ownership has been sold as an investment vehicle by both Club La Costa and Diamond Resorts. While this has been the case, consumers will be pleased to learn that the Financial Ombudsman Service (FOS) have very recently ruled in favour of the consumer.

The FOS investigation and determination found that fractional timeshare is not an investment and should never have been sold as one.

Timeshare was once fashionable in the 1980s and saw a massive growth across … Read more